Providential Holdings Will Host Fund-Raising Seminars for Vietnamese Companies

LOS ANGELES, CA and HANOI, VIETNAM--(Marketwire - December 14, 2007) - Providential Holdings, Inc. (OTCBB: PRVH), a company that provides advisory, merger and acquisition services as well as independently investing in Vietnamese economic opportunities, will host a series of seminars in Hanoi and Da Nang, Vietnam for companies seeking funding through the capital markets or through private equity. The Hanoi seminar will be held on Tuesday, December 18 at 8:30 a.m. in the Fortuna Hotel, 6B Lang Ha St. The Da Nang seminar will be held on Wednesday, December 19 at 8:30 a.m. in the Daesco Hotel, 155 Tran Phu St.

The seminars will provide information on the U.S. stock markets and their listing requirements, provide a comparison of major international and Asian regional markets, discuss raising capital through public markets and private equity, and give an overview of investor relations and keys to success as a public company. The seminars will be held in conjunction with the Vietnamese Chamber of Commerce and Industry (www.vcci.com.vn), Providential Vietnam Growth Fund (www.providentialcapital.com), Thanh Viet Fund Management Company (www.saigonpropertyfund.com), and Vietnam Financial Investment Media Corporation (www.vfm.org.vn).

Henry Fahman, Chairman and CEO of Providential Holdings, said, "These seminars are an excellent opportunity for Vietnamese companies to gain knowledge and develop the strategies needed to successfully access the public markets and private equity funds as they seek to further their growth."

About Providential Holdings, Inc.

Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services and investing in the rapidly growing economies of Vietnam and Asia. For more information on Providential Holdings, visit http://www.phiglobal.com. As part of its activities in Vietnam, Providential has been hosting seminars in conjunction with the Nasdaq Stock Market, the Vietnamese Chamber of Commerce and Industry and a leading U.S. investment banking firm, to help Vietnamese companies go public and raise capital through the U.S. financial markets.

A profile for investors can be accessed at http://www.hawkassociates.com/prvhprofile.aspx.

For investor relations questions regarding Providential, contact Frank Hawkins or Antonella Montagna, Hawk Associates, at 305-451-1888, e-mail: info@hawkassociates.com, or visit http://www.americanmicrocaps.com or http://www.hawkassociates.com. To sign up for free e-mail notification of future releases, visit http://www.hawkassociates.com/email.aspx.

Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

Contact Information: Investor Relations Contact: Hawk Associates, Inc. Antonella Montagna Frank Hawkins Phone: 305-451-1888 Email: 17011 Beach Boulevard, Suite 1230 Huntington Beach, CA 92647 Telephone: 714-843-5455 Fax: 714-843-5452